Stay Raises $5.7M Unknown
Brazil-based fintech Stay raises $5.7 million in a funding round led by Citrino to expand corporate pension and employee benefit plans.
Stay Raises $5.7M in Funding
Stay, a Brazil-based fintech company specializing in private pension plans for businesses, has raised US$5.7 million in a new funding round. This latest injection of capital brings the company's total funding to approximately US$8.55 million, following a previous round of US$2.85 million.
Investors
The funding round was led by Citrino, a firm that combines resource management with multi-family office activities. Additional investors participating in this round include Norte, 17Sigma, and BTV.
Stay Use of Funds
Stay plans to use the capital to finance the expansion of its corporate pension and long-term incentive program services across Brazil. The company aims to address the significant market gap where less than 3% of Brazilian workers currently have access to an employer-provided pension plan.
About Stay
Founded by CEO Tsai Chi-yu, Stay operates a fintech platform that positions itself between employers and insurance companies to facilitate private pension plans and long-term incentive programs for employee retention. The company focuses on financial wellness and has seen significant growth in its assets under management since its inception.
Funding Details
Company Website: https://stay.com.br
Company: Stay
Raised: $5.7M
Funding Date: September 25, 2026
Lead Investor: Citrino
Additional Investors: Norte, 17Sigma, BTV
Software Category: Fintech
Source: https://www.latamfintech.co/articles/fintech-stay-recauda-us-5-7-millones-para-expandir-los-planes-de-pensiones-corporativas-en-brasil